DAILY GK -- 101 TO 150

i. Gujarat Government has
granted minority status to the Jain community after issuing a resolution for
same. This will be benefiting the poor among Jain community as they will be
eligible for many scholarships and welfare schemes.

ii. The previous UPA
Government at the Centre had conferred the minority status on the Jain
community at the national level in January 2014. Jains were the 6th community
to have minority status after Muslims, Christians, Sikhs, Buddhists and
Parsis.

iii. Under the Constitution,
religious and linguistic minorities enjoy special rights. The minority status
helps to give constitutional safeguards to minority communities and make them
eligible for welfare programmes of the Union Minority Affairs Ministry.

102.
Infosys Foundation signs pact with IISER

i. Infosys Foundation,
philanthropic arm of the IT major, has signed a pact with Indian Institute of
Science Education and Research (IISER), Pune, to support students from
economically weaker section to pursue ‘high quality’ education.

ii. The Memorandum of
Understanding (MoU) aims at providing opportunities for economically weaker
students to pursue high quality science education and research through
scholarships, fellowships and travel awards.

iii. As part of the MoU, the
corpus fund of Rs. 5 crore named as ‘The Infosys Foundation Endowment Fund’,
will continue in perpetuity to benefit a minimum of 50 students annually.
Infosys said the grant is aimed at fulfilling the Foundation’s objective of
creating equal opportunities for students from poorer background and advancing
the quality of research done at Indian institutions.

103.
SMS-based Vehicle Monitoring Service of Nagaland bags award

i. The SMS-based Vehicle
Monitoring System of Nagaland police has conferred with the National Award for
Smart Policing instituted by Federation of Indian Chamber of Commerce and
Industry (FICCI).

ii. The SMS-based Vehicle
Monitoring System was conceived by the Nagaland Police Department and executed
by Ben Imchen, a post-graduate from IIT Delhi.

iii. The project was launched
in April last year and provides an easy platform for policemen and citizens to
report vehicle theft and alert the various field formations of police across
the state by sending one SMS.The award for the Best Practice in the category of
Road Safety and Traffic Management was presented to Nagaland Police by Union
Minister of State for Home Affairs, Haribhai Parathibhai Chaudhary at a
function in New Delhi.

104. Jaguar
Land Rover partners firm to build phones

i. England automative brand
Jaguar Land Rover ltd and a subsidiary of Indian automaker Tata Motors, has
tied up with UK-based Bullitt Group to develop mobile devices and a range of
accessories under its brand.

ii. The smartphones and
accessories will be launched in early 2017.

iii. As per the Bullitt Group,
the firm will partner with Land Rover to define and develop a groundbreaking
portfolio of mobile devices and peripherals which will take the brand into a
new and exciting commercial terrain.

105.
Saraswat Bank donates Rs 1 cr relief for drought in Maharashtra

i. The Country's largest urban
co-operative bank, Saraswat bank has announced the donation of rs. 1 crore for
drought relief in Maharastra.

ii. The drought relief in
Maharastra is caused by the two deficient years of the monsoon rainfalls and
now has been a major problem resulting into shortage of water availability
across the country including Maharashtra.

iii. The Vice Chairman of
Bank, Mr. Gautam E Thakur, has handed over the cheque of Rs 50,00,000 to Chief
Minister of Maharashtra, Devendra Fadnavis and another cheque of Rs 50,00,000
to Nana Patekar, Founder of NAAM Foundation handed over by the director of
Kishore Rangnekar.

106. South
Indian Bank announces tie-up with National Australia Bank

i. Kerala based South Indian
Bank has announced a tie-up with National Australian Bank (NAB) for online
inward remittances from Australia at a competitive rate.

ii. As per Bank, the agreement
enable faster, hassle-free remittances through internet at the best exchange
rates. With this, National Australian Bank will be the main banking correspondent
of South Indian Bank in Australia.

iii. As per this deal, the
exchange rate is decided by the South Indian Bank and the NRI customers in
Australia would get the best possible rates. Besides, the remitted money can be
either converted into Indian rupee or maintained in Australian dollar.

107. UN
launches Multi-Partner Trust Fund for Zika virus response

i. United Nations (UN) has
announced the establishment of the UN Zika Response Multi-Partner Trust Fund
(MPTF) to finance critical unfunded priorities in the response to the Zika
outbreak.

ii. The fund was launched by
the UN Secretary-General Ban Ki-moon at the UN Headquarters in New York, United
States.

iii. The Fund aims to provide
a rapid, flexible and accountable platform to support a coordinated response
from the UN system and partners. It will directly support the Zika Strategic
Response Framework developed by the World Health Organization (WHO) in
consultation with UN agencies. This fund will help donors to contribute to a
central point and an Advisory Committee will direct funds to the
highest-priority activities in the affected countries.

108.SpaceX
successfully launches Japanese JCSAT-14 Satellite

i. SpaceX’s Falcon 9 rocket on
has been successfully placed Sky Perfect JSat’s JCSat-14 commercial
telecommunications satellite into transfer orbit, with the rocket’s first stage
landing gracefully on a drone ship in the Atlantic Ocean.

ii. JCSat-14 manufacturer SSL
of Palo Alto, California, confirmed that the satellite was healthy in geostationary
transfer orbit and sending signals. SSL declined to confirm whether the final
launch mass had changed from previous estimates of around 4,700 kilograms.

iii. It was the second
consecutive drone-ship touchdown by the rocket’s first stage and was
accomplished despite what SpaceX officials had said were particularly
challenging conditions due to the velocity necessary for the launch. The
previous successful drone-ship landing, performed in April, was done following
a launch of SpaceX’s Dragon capsule into low Earth orbit.

109.
Airport Show opens in Dubai

i. An Airport Show has opened
in Dubai with participation of more than 300 companies from 55 countries
including India, that will showcase a diverse portfolio of technologies and
solutions in the aviation sector.

ii. This is the 16th edition
of the Airport Show and premier airport event for the Middle East, North Africa
and Indian subcontinent region.

iii. The show has recorded a
30 per cent growth in participants for the Business Connect programme with an
all-time high participation of 154 buyers. This year's show will see buyers
from - Algeria, Armenia, Bahrain, Botswana, Egypt, Ethiopia, India, Iraq,
Kuwait, Lebanon, Pakistan, Qatar, Saudi Arabia, Serbia, Sri Lanka, Sudan,
Tanzania, Tunisia, Turkey, Uganda, Zimbabwe and the host country, UAE.

110. Sadiq
Khan Elected First Muslim Mayor Of London

i. Sadiq Khan, a member of the
Labour Party and human rights lawyer of Pakistani descent has been sworn in as
London's new mayor by comfortably outrunning of his nearest rival.

ii. Khan also set a record by
winning 1.1 million votes. With a 45 % election turnout, he finished with a
margin of 13.6 percentage points over Zac Goldsmith of the Conservative
Party.

iii. His victory also marks
the return of Labour Party rule in the British capital after eight years of
Conservatives in power.

111.
Veteran leader Chennamaneni Rajeswara Rao passes away

i. Veteran freedom fighter and
former Sircilla MLA Chennamaneni Rajeshwara Rao has passed away at a private hospital
in Hyderabad following prolonged illness. He was 93 year old.

ii. Rao hailed from Marpaka
village of Vemulawada mandal in Karimnagar district and participated in
Telangana's armed struggle against the Nizam.

iii. He started his political
career as a communist and was elected as a CPI legislator from Sircilla
assembly constituency in Karimnagar in 1967, 1978, 1985 and 1994 assembly
elections. Subsequently, he quit the party and represented TDP from Sircilla
seat till 2004 before he took retirement from active politics.

112. Novak
Djokovic wins 2016 Mutua Madrid Open

i. Number one player, Novac
Djokovic has defeated Andy Murray 6-2, 3-6, 6-3 to conquer the Mutua Madrid
Open title in Madrid, Spain.

ii. It was Djokovic’s fifth
win in the last 6 ATP 1000 competitions. With the win, he also reached a record
29 Masters 1000 titles.

iii. Mutua Madrid Open title
was Djokovic’s second title on the Caja Mágica clay. He claimed the game in two
hours and six minutes.

113. Parliament Passes Anti-Hijacking Bill,
2016

i. Parliament has passed the
Anti-Hijacking Bill, 2016 to widen ambit of law dealing with this
anti-hijacking crime. The Bill was first passed in the Rajya Sabha and
later in the Lok Sabha in May 2016.

ii. Now the Bill will go for
Presidential assent as per Article 111 of Indian Constitution.

iii. The Bill defines
hijacking as seizing control of an aircraft in service, unlawfully and
intentionally, by coercion, technological means or by exercising force or
any other form of intimidation. It covers several acts within the definition of
hijacking. It includes (i) attempt and abetment of hijacking (ii)
organizing or directing others to commit hijacking and (iii) making a credible
threat to commit hijacking.

114.
President of India to attend the National Technology Day celebration
tomorrow

i. The President of India,
Shri Pranab Mukherjee will attend the National Technology Day (May 11, 2016)
Celebrations at Vigyan Bhawan, New Delhi tomorrow.

ii. The National Technology
Day is being celebrated every year on May 11 by the Ministry of Science &
Technology to commemorate achievements of Innovation and Technology in the
country.

iii. This year’s theme for
celebrations of the Technology Day is ‘Technology enablers of Startup India’.

i. The Ministry of Environment
and Forests has launched a web-based application on Integrated Waste Management
System (IWMS). The system’s web address is www.iwms.nic.in.

ii. The government launched
the system for better management of waste. The user-friendly application is
capable of tracking the movement of hazardous waste.

iii. Objectives of the
Integrated Waste Management System- To enhance transparency in the working of
the Ministry and other Centre/State level regulatory bodies. And to reduce
the time taken for processing applications, seeking various types of
permissions under the recently notified waste management regulations.

116. Indian
Army conducts ‘Chakravyuh-II’ training exercise in Rajasthan

i. Indian Army had conducted
major military training exercise ‘2016 Chakravyuh-II’ in Suratgarh,
Rajasthan.

ii. Purpose behind this
exercise is to Validate battle readiness and operational effectiveness of the
Pivot Formation and Rapid Division of Indian Army along with all its
affiliated components.

iii. The Chakravyuh-II
exercise involved rapid mobilisation and execution of battle plans in
conjunction with the Indian Air Force (IAF). It envisaged mechanised manoeuvres
in the entire spectra of new generation weapons, systems and platforms in the
rapid urbanisation and development areas along the border.

i. The Union Government has
launched nine projects initiatives for rural sanitation initiatives for
conservation of river Ganga in Jharkhand.

ii. It was launched by Union
Minister for Water Resources, River Development and Ganga Rejuvenation Uma
Bharti under Namami Gange Programme in Sahibganj, Jharkhand.

iii. Under this programme,
villages located on the entire 83 Km. stretch of Ganga River in Jharkhand will
be covered to improve the health and quality of life. It will be carried
out under the overall guidance of the Ministry with the support from UN
Development Programme (UNDP), community organizations and NGOs. The
programme initiatives will contribute to improved, sustainable liquid
and solid waste management in the identified 78 villages along the Ganga
River.

118. RBI to
issue rs. 1000 banknotes with inset letter 'R'

i. As per the Reserve Bank Of
India it will shortly issue rupees 1,000 denomination bank notes in the Mahatma
Gandhi Series of 2005 with the insert letter of 'R' in both the number
panels.

ii. The banknotes will also
obverse all the other security features, including ascending size of numerals,
bleed lines and enlarged identification mark as well as the signature of
Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. These banknotes will
also have the year of printing '2016' printed on the reverse.

iii. All the banknotes in the
denomination of rs. 1000 issued by the Reserve Bank in the past, including rs.
1000 denomination banknotes with ascending size of numerals in the number
panels but without bleed lines and enlarged identification mark, will
continue to be legal tender.

ii. Till now, foreign
investment was automatic only up to 49 per cent, beyond that government
approval was needed. But now its 100 %, However, some conditions have been
set, including the stipulation that the total shareholding of individual
foreign institutional investors/foreign portfolio investors must be below
10 per cent of the total paid-up capital.

iii. FII/FPIs have also been permitted
to invest up to 100 % of each tranche in security receipts issued by ARCs,
subject to RBI directions/guidelines. Now as per the DIPP, the investment
limit of a sponsor in the shareholding of an ARC will be governed by
the provision of the Sarfaesi law, as amended from time to time.

i. The Reserve Bank of India
(RBI) has released the 'draft guidelines for 'on tap' Licensing of Universal
Banks in the Private Sector'.

ii. But the final guidelines
will be issued and the process of inviting applications for setting up of new
universal banks in the private sector will be initiated after receiving
feedback, comments and suggestions on draft guidelines from banks,
non-banking financial institutions, industrial houses, other institutions
and the public at latest by 30 June 2016.

iii. Present guidelines
include:

(i) Resident individuals and
professionals having 10 years of experience in banking and finance as eligible
persons to promote universal banks,

(ii) large industrial/business
houses are excluded as eligible entities but permitted to invest in the banks
to the extent of less than 10 per cent,

(iii) Non-Operative Financial
Holding Company (NOFHC) has now been made non-mandatory in case of promoters
being individuals or standalone promoting/converting entities who/which do
not have other group entities,

(iv) The NOFHC is now required
to be owned by the promoter/promoter group to the extent of at least 51 % of
the total paid-up equity capital of the NOFHC, instead being wholly owned
by the promoter group,

(v) Existing specialised
activities have been permitted to be continued from a separate entity proposed
to be held under the NOFHC subject to prior approval from the Reserve Bank
and subject to it being ensured that similar activities are not conducted
through the bank as well.

121. Google
launches free WiFi at 5 railway stations

i. Multinational company
Google has announced the launch of its free high-speed public WiFi service at
Ujjain, Jaipur, Patna, Guwahati and Allahabad railway stations. The
service is now available in 15 stations across India.

ii. This is in continuation
with its project to provide high-speed public WiFi service at 100 Railway stations
across India by end of the year.

iii. The Union Railway
Minister Suresh Prabhu will inaugurate the service at these stations soon.
Google stated that it has been deploying the service over the extensive
fibre network of Indian Railway’s arm Railtel which provides Internet services
as RailWire.

122.
Knowlarity acquires customer engagement platform Smartwards

i. Asia’s leading cloud
telephony company, Knowlarity Communications has announced the acquisition of
Delhi-based Smartwards, a customer engagement platform that simplifies
loyalty for local businesses and their customers.

ii. As part of the move,
Shantanu Mathur and Dhanraj Singh Bisht - the co-founders of Smartwards, will
lead the India operations for Knowlarity.

iii. The deal will see Knowlarity
integrating the Smartwards product and technology into its own product
ecosystem to provide enterprise software solutions to small & medium
businesses.

123. Mahesh
Sharma released a Commemorative coin on Maharana Pratap

i. As a part of 475th Birth
Anniversary celebrations of Maharana Pratap Union Minister for Culture and
Tourism Dr. Mahesh Sharma has released a Commemorative coin of Rs. 100 and
a Circulation coin of Rs. 10 in New Delhi.

ii. Maharana Pratap was a
brave warrior, successful organizer and ingenious strategist. He fearlessly
fought with the Mughals and protected his people until his death.

iii. Ministry of Culture has
been celebrating the 475th Birth Anniversary of Maharana Pratap during 2015-16
in association with the State Government of Rajasthan. The Government of
India and the State Government of Rajasthan have also decided to create a
multi-purpose indoor stadium at Khel Gaon, Udaipur in his memory. For this
purpose, Ministry of Culture has agreed to give a sum of Rs. 9.50 crore to
the State Government.

124. BAFTA
TV awards 2016 has been announced

i. The British Academy
Television Awards have presented in an annual award show hosted by the British
Academy of Film and Television

Arts (BAFTA). They have been
awarded annually since 1955. This year's British Academy Television Awards,
hosted by Graham Norton.

iii. The Special Award in
Honour of Alan Clarke - Presented to Lenny Henry, Britain’s best-loved
comedians and writers, in recognition of his outstanding creative
contribution to television during a career for 40 years.

125.
Shashank Manohar quits as BCCI President

i. Shashank Manohar has
stepped down from as BCCI president. The Nagpur bigwig had taken over the role
last year after the position was left vacant following the death of
Jagmohan Dalmiya.

ii. Manohar, lawyer by
profession, is currently the chairman of International Cricket Council. Manohar
only took the board's top position last October and his term was one of
the shortest terms ever served by a president. Manohar predecessor Jagmohan
Dalmiya's reign lasted only six months — from March to September 2015 —
until he passed away.

iii. While Manohar is BCCI's
nominated chairman in ICC, the executive board of the global body has passed a
rule that ICC's chairman should be of independent nature and can't act in
dual role keeping his position as his country's cricketing chief.

126. Sanjay
Kaul is the new Country Head for Apple India

i. The Cupertino technology
giant, Apple, has elevated Sanjay Kaul as the country manager for Apple India.
Although there has been no official communication from the company, Kaul's
LinkedIn has been updated with the same.

ii. A Canadian citizen, Kaul
has been associated with Apple since Novmeber 2011 and has been taking care of
the Apple's iPhone business. From heading iPhone business to
Director, Telecom, he has now taken over the role of Country head from Manish
Dhir, who had quit the company in January this year.

iii. Before joining Apple,
Kaul was associated with BlackBerry (earlier Research In Motion) in the
capacity of Director - Channel sales for India for over two years where he
revived Airtel BlackBerry business to achieve three digit percentage growth in
net subscriber additions in 12 months.

127.
Mrugank Paranjape took charge as MD and CEO of Multi Commodity Exchange

ii. He will have tenure of 3
years. His appointment fills the vacancy of the post which was vacant for past
two years.

iii. Prior to this, Mrugank
Paranjape was working with Deutsche Bank for 14 years as Asia Pacific Head of
Trust & Securities Services/Cash Management for Financial
Institutions.

128. US
actor William Schallert has passed away

i. US actor William Schallert,
who parlayed an everyman face into hundreds of television and film roles, most
notably as the father in the 1960s TV situation comedy 'The Patty Duke
Show' has passed away. He was 93 year old.

ii. Born on July 6, 1922 in
Los Angeles, Schallert was the son of a journalist. He appeared in shows
spanning the history of television, did hundreds of voice overs and served
as President of the Screen Actors Guild from 1979 to 1981.

iii. Schallert is best
remembered for his role as Martin Lane, the father in The Patty Duke Show,
which aired from 1963 to 1966.

129. Indian
scientist bags SGD 3 mn grant from Singapore's NRF

i. An Indian scientist from
Uttar Pradesh's Gorakhpur city has been awarded a grant of SGD 3 million (about
Rs 14.7 crore) by National Research Foundation to research in congenital
and adult cardiovascular diseases.

ii. The NRF, a department
within the Prime Minister's Office, Singapore is responsible for developing
strategies, policies and plans for research, innovation and
enterprise.

iii. Dr Manvendra K Singh, who
is working as an assistant professor in the cardiovascular and metabolic
disorders programme at Duke-NUS Medical School, Singapore, said he that is
among the seven young scientists from across the world to be endowed with the
Singapore NRF fellowship to carry out cutting-edge research this year. He
has been awarded the fellowship to pursue research in the field
of congenital and adult cardiovascular diseases.

130. Indian
boxers won 4 medals at 7th Asian Youth Championship

i. Indian boxers on 9 May 2016
won four medals at the 7th Asian Youth Championships held in Pavlodar,
Kazakhstan.

ii. India finished at third in
the overall standings with three silver and a bronze medal in the tournament.

iii. The Indian boxers who won
silver medals are National champion Ankush Dahiya (60kg), Ashish Kulhirya (64kg)
and Reyal Puri (81kg). Manjeet Singh (+91kg) won the solitary bronze.
Kazakhstan topped the medal tally with 6 gold, 1 silver and 3 bronze medals
followed by Uzbekistan at second position with 3 gold, 3 silver and 3
bronze medals. The tournament featured more than 150 boxers from
23 countries.

131. 11th May : National Technology Day

i. Every year, National
Technology Day is observed across India on May 11 to mark Indian technological
advancement. This year the theme is Technology enablers of Startup India.

ii. The day has been declared
National Technology Day by the Indian Government in order to commemorate the
history of India's technological capability and expertise.

iii. This day glorifies the
importance of science in day to day life and to celebrate the anniversary of
first of the five tests of Operation Shakti (Pokhran-II) nuclear test which was
held on 11 May 1998 in Pokhran, Rajasthan. Apart from Pokhran nuclear test, on
this day first indigenous aircraft Hansa-3 was test flown at Bangalore and
India also conducted successful test firing of the Trishul missile on the same
day. Considering all these achievements 11 May was chosen to be commemorated as
National Technology Day.

132. RBI
cancels licence of 4 NBFCs and 7 other surrender licence

i. The Reserve Bank Of India
(RBI) has cancelled the certificate of registration of the four Non-Banking
Financial Companies (NBFCs) and seven other Maharashtra-based non-banking
financial companies (NBFCs) have surrendered their registration certificates.

iii. Apart from this, seven
Maharashtra-based Non Banking Financial Institutions have surrendered their
registration certificates following which they won't be allowed to transact
their financial business.

133. Indian
Navy decommissions fighter planes Sea Harriers

i. Indian Navy has
decommissioned its fleet of iconic Sea Harriers.

ii. The Naval Air Squadron 300
- I N A S 300, popularly known as 'white tigers', de-inducted these fighter
aircrafts and replaced them with new generation Mig 29 K fighters in a touching
ceremony on INS Hansa near Vasco.

iii. Wing Commander Shikhu
Raj, a Sea Harrier Pilot himself and the commander of the squadron handed over
the command of the squadron to Captain KHV Singh in an historic ceremony and
bid adieu to the Sea Harriers. The function was presided over by the Chief
of Naval Staff Admiral R. K. Dhowan.

134. Indian
Navy launches underwater vigil system in Visakhapatnam

i. Indian Navy has launched
the state-of-the-art Harbour Defence Systems, viz., Integrated Underwater
Harbour Defence and Surveillance System (IUHDSS) and Mine Warfare Data Centre
(MWDC) which would enhance the Navy’s surveillance capability and response to
security threats at the Naval Dockyard in Visakhapatnam.

iii. The IUHDSS is a
multi-sensor system capable of detecting, identifying, tracking and generating
warnings for all types of surface and underwater threats to Visakhapatnam
harbour.

135. Harish
Rawat set to return as Uttarakhand CM

i. Congress leader Harish
Rawat is all set to be reinstated as the Chief Minister of Uttarakhand, over
six weeks after he was ousted by the Centre, with the Supreme Court, putting
its stamp of approval on the floor test in the Assembly.

ii. Rawat gets 33 votes out of
61 in the floor test. No irregularities were found in the voting.

i. The Union Government has
constituted a three member committee to prepare a policy framework for taxi and
other transport operators.

ii. The committee will be
headed by Sanjay Mitra, Secretary of Union Ministry of Road Transport &
Highways. Its other two members are Joint Secretary, Union Ministry of Road
Transport & Highways and Delhi Transport Commissioner as its members.

iii. The committee was
constituted after taxi and other transport operators had appraised the
situation emerging from Supreme Court’s order and directions of Environment
Pollution Control Authority of banning diesel taxis in the National Capital
Region (NCR). It will look into these issues and come up with appropriate
recommendations to address the same in a time bound manner.

137.
US-India Defence Cooperation Act introduced in Senate

i. The US-India Defence
Technology and Partnership Act was introduced in the Senate by Senators Mark
Warner and John Cornyn - co-chairs of the Senate India Caucus.

ii. If this act is passed, it
will elevate the status of the Indo - US defence relationship on par with that
of America's closest allies like NATO and Israel.

iii. The legislation has been
sent to the Senate Foreign Relations Committee for necessary action. The act
urges the US government to enhance India's military capabilities in the context
of combined military planning and promote co-production and co-development
opportunities.

138. India
signs revised tax treaty with Mauritius

i. India and Mauritius has
signed the protocol for amendment of a two-decade-old Double Taxation Avoidance
Agreement (DTAA) between the two countries.

ii. After this India will get
taxation rights on capital gains arising from sale of shares acquired on or
after 1st April, 2017 in Indian companies. Earlier in 1983, India had signed a
DTAA with the Mauritius and now an amendment to DTAC was signed in a bid to
ensure that firms in Mauritius that invest in India are not just 'shell'
companies who could earlier avoid paying capital gains tax in India.

iii. With the signing of this
agreement amendment the Double Taxation Avoidance Convention (DTAC) with
Mauritius, sale of shares of an Indian resident company will be taxed at 50 per
cent of the applicable rate between 1st April 2017, to March 31, 2019. Full
capital gains tax will apply from April 1, 2019 onwards.

ii. The projects include road
corridors connecting India with Bangladesh, Nepal and Bhutan through West
Bengal and India-Myanmar through Manipur.

iii. As per Economic Affairs
Secretary Shaktikanta Das, India is also assisting the countries with power
projects. In the South Asia Sub-regional Economic Cooperation (SASEC) 2025
workshop, he also stated that India is also planning to establish Integrated
Customs Ports (ICPs) and improved Land Customs Stations (LCS) at key border
points with Bangladesh, Nepal and Bhutan to ease the movement of goods and
people within the sub-region.

ii. A press release by the
bank said that the campaign will be in force for a month from May 10 to June
10. Those cardholders, who have done a minimum five swiping at point-of-sale
(POS) terminals or five online transactions with a minimum value of rs. 200
each, will qualify under this campaign.

iii. More than 3,200 top
spenders -both in terms of value and volume of transactions -will get cash back
aggregating rs. 10 lakh. P Jayarama Bhat, Managing Director of the bank,
launched the campaign in Mangaluru.

ii. This facility will
facilitate the users by allowing to post clips on its website and earn through
advertising, royalties and other sources.

iii. The service will make the
content available to rent, own or view for free with ads. This move puts the
company in direct competition with Google-owned YouTube. Under this service,
the users who make the videos available on web will be paid based on their performance
out of a $1m pot under a system similar to the way Amazon pays some
self-publishing ebook writers.

ii. The move comes even as the
company plans to invest rs. 250 crore over 12 months in its home services
vertical, QuikrServices, in line with its verticals-focused strategy.

iii. Salosa, which has been a
QuikrServices partner from January, will further strengthen its beauty services
offerings with stylists who have undergone a rigorous process of quality and
background checks along with training, said the company.

144. N K
Singh gets Japan's second highest national award

i. A Bureaucrat, who turned as
politician N.K. Singh has honoured with Japan’s second highest national
decoration for his contribution in strengthening Indo-Japan ties in the field
of trade and investment over the last few decades.

ii. The award has been
conferred by Prime Minister of Japan Shinzo Abe at a ceremony in the Imperial
Palace.

iii. The Order of the Rising
Sun, Gold and Silver Star award given to Mr. Singh’s role in boosting
Indo-Japan economic ties, particularly in promoting Japanese investments into
India over many years. Total 91 eminent personalities, including eight foreign
recipients have been conferred with the award.

145.
Bangladesh hangs Jamaat-e-Islami chief Nizami for war crimes

i. Bangladesh government have
hanged the fundamentalist Jamaat-e-Islami chief Motiur Rahman Nizami for war
crimes committed during the country's 1971 Liberation War.

ii. He was 73 year old and
hanged at Dhaka Central Jail.

iii. He was the senior most
Islamist to be executed in Bangladesh for war crimes during the liberation war
against Pakistan. His final appeal against his death sentence was rejected by
the apex court on May 5. He was in jail since 2010.

146.
Rodrigo Duterte wins 2016 Philippines Presidential Election

i. Anti-crime candidate and
mayor of Davao City, Rodrigo Duterte has won the 2016 presidential election of
the Philippines by a landslide victory.

ii. He will become the 16th
President-elect of Philippines. He was followed by Mar Roxas 23% (9.27 million)
votes and his closest rival Grace Poe with 22% (8.6 million) votes.

iii. He is a lawyer by
profession and later entered into the politics. He became vice-mayor of Davao
in 1986 and mayor in 1988. He is among the longest-serving mayors in the
Philippines and has been mayor of Davao City for seven terms, totalling more
than 22 years.

147.
Sania-Hingis continue to lead Women's Doubles rankings

i. In Tennis, Sania Mirza and
Martina Hingis continue to lead the latest Women's Doubles rankings released
.

ii. Sania and Hingis, who have
won 13 titles together including 4 this year, maintained their joint position
with 12,045 points each.

iii. American Serena Williams
continued to top the Singles rankings, with Angelique Kerber rising to second
and Agnieszka Radwanska dropping to third. In Men's Singles rankings, Swiss
Roger Federer replaced Andy Murray from the 2nd spot after the Briton failed to
defend his Madrid Masters title on Sunday. Novak Djokovic is still at the
top.

148. Bankruptcy bill passed in Rajya Sabha

i. The Rajya Sabha has passed
the Insolvency and Bankruptcy Code 2016, which had already been passed by the
Lok Sabha last week.

ii. The Code seeks to
consolidate and amend the laws relating to reorganization and insolvency
resolution in a time bound manner.

iii. The bill also proposes
setting up of an Insolvency and Bankruptcy Board, and Insolvency and Bankruptcy
Fund.

149.
President of India presents National Florence Nightingale Awards

i. Shri Pranab Mukherjee, the
president of India today presented the National Florence Nightingale Awards to
35 nursing personnel at function in Rashtrapati Bhavan on the occasion of
International Nurses Day.

ii. The National Florence
Nightingale Awards are given by the Ministry of Health and Family Welfare as a
mark of recognition for the meritorious services rendered by the nurses and
nursing professionals in the country.

iii. The Award carries a cash
award of 50 thousand rupees, a certificate, a citation and a medal. The
International Nurses Day is celebrated all over the world on May 12 every year
to commemorate Florence Nightingale’s birthday.

150. Rwanda
hosts 26th World Economic Forum on Africa

i. Rwanda is hosting the 26th
World Economic Forum on Africa (WEF) in its capital Kigali from 11 to 13th May.
Promoting innovation is being high on the agenda.

ii. The theme of this 26th
World Economic Forum on Africa is - Connecting Africa's Resources through
Digital Transformation. The event is focusing, among other things, on how to
diversify economies, tackle inequality and strengthen collaborations among
countries.

iii. The goal of the World
Economic Forum is to promote public-private partnership and particular emphasis
is on how technology can promote online entrepreneurs, enable cross-border data
exchange and tackle barriers to trade.